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WDS GROUP

Active
Private limited company·Algemene bouw van residentiële gebouwen· 4 yrs active
Vilvoordelaan 112 ·1830 Machelen (Brab.), Belgium
KBO/BCE: BE 0785.425.628
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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of WDS GROUP is 2.1% (moderate). The 2025 annual accounts show equity of €4k and a net result of €43k. Equity is shrinking by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 13% of 1076 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 1076 sector peers (2025).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€43k+945.5%
Working capital€-14k

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 27-03-2026 with the NBB · fiscal year 2025 · micro
€-20k€0€20k€40k€60kOperating result 2022: €6k€6kNet result 2022: €4k€4kOperating result 2023: €-6k€-6kNet result 2023: €-6k€-6kOperating result 2024: €4k€4kNet result 2024: €4k€4kOperating result 2025: €63k€63kNet result 2025: €43k€43k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~23.3%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€2k€4k€6k€8k2026: €3k (€3k - €3k)2027: €2k (€2k - €2k)2028: €819 (€504 - €1k)2022: €7k2023: €7982024: €5k2025: €4k2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 6.0% 42.2%
better than 13% of 1076 sector peers
Net result €43k €11k
better than 83% of 1077 sector peers
Equity €4k €35k
better than 13% of 1078 sector peers
Gross operating margin €72k €30k
better than 76% of 1076 sector peers
Staff costs €5k €17k
higher than 38% of 285 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P13
2022: P94 · n=22262023: P28 · n=31242024: P81 · n=38272025: P13 · n=10762022 2025
Weakening position over 2022-2025 · n=1076-3827
Net result P83
2022: P37 · n=22202023: P13 · n=31172024: P37 · n=38242025: P83 · n=10772022 2025
Improving position over 2022-2025 · n=1077-3824
Equity P13
2022: P25 · n=22312023: P13 · n=31292024: P18 · n=38322025: P13 · n=10782022 2025
Stable position over 2022-2025 · n=1078-3832
Gross operating margin P76
2022: P25 · n=22142023: P28 · n=31112024: P24 · n=38222025: P76 · n=10762022 2025
Improving position over 2022-2025 · n=1076-3822
Describes the position versus peers, not a forecast.
EBITDA
€65k
+1035.0% +5% vs sector
Net profit
€43k
+945.5% -19% vs sector
Cash flow
€45k
+693.3% -27% vs sector
Total assets
€65k
+798.3% -87% vs sector
Equity
€4k
-20.2% -99% vs sector
Working capital
€-14k
- far below sector median
Staff costs
€5k
+331.3% 22-25
Income taxes
€20k
+1223.6% -4% vs sector
Dividends
€43k
- 22-25
Debt
€61k
+2527.9% far above sector median
Debt ≤ 1y
€61k
+2527.9% far above sector median
Current ratio
0.78
-72.9% -98% vs sector
Quick ratio
0.78
-72.9% -98% vs sector
Solvency
6.0%
-91.1% -94% vs sector
Debt / equity
15.58
+3191.8% far above sector median
ROE
1097.6%
+1209.7% far above sector median
ROA
66.2%
+16.4% far above sector median
Interest coverage
1163.41
+1099.6% far above sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€65k
Net profit€43k
Cash flow€45k
Staff costs€5k
Income taxes€20k
Dividends€43k
Total assets€65k
Equity€4k
Debt€61k
of which ≤ 1y€61k
of which > 1y-
Working capital€-14k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.78
Quick ratio0.78
Working capital ratio-21.1%
Solvency6.0%
Debt / equity15.58
Long-term debt ratio-
Interest coverage1163.41
Gross margin-
Net margin-
ROA66.2%
ROE1097.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€65k
Fixed assets 21/28€18k
Tangible fixed assets 22/27€18k
Current assets 29/58€48k
Amounts receivable within one year 40/41€27k
Cash & bank 54/58€19k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€65k
Equity 10/15€4k
Contributions / capital 10/11€1k
Accumulated profits (losses) 14€2k
Amounts payable 17/49€61k
Amounts payable within one year 42/48€61k
Trade debts payable within one year 44€590
Income statement
Gross operating margin 9900€72k
Operating result 9901€63k
Financial charges 65€56
Result before taxes 9903€63k
Income taxes 67/77€20k
Net result for the period 9904€43k
Result to be appropriated 9905€43k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
53 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
WDS GROUP
Vilvoordelaan 112, 1830 Machelen (Brab.)Reparatie en onderhoud van verwarmingsinstallaties
since 20222.330.888.620
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,110 m²
Buildings1
Building footprint673 m²
Volume (LiDAR)3,747 m³
Tallest building7.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23047A0054/00C003 Flanders 1,110 m² 1 · 673 m² 7.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health53Profitability100Solvency10Growth58Stability94
63 / 100

Strong profile, led by profitability.

Health 53
Profitability 100
Solvency 10
Growth 58
Stability 94

Ask AI about this company

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AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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AI-generated from Checked data; indicative, not legal or investment advice.

Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
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Primary activity highlighted.
Names & trade names
Legal nameNL WDS GROUP
Registered office
Vilvoordelaan 112
1830 Machelen (Brab.), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.